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Growing confidence keeps shares rising

Recap: Global shares extended their record highs with the MSCI All Country World Index poised for a fourth weekly advance amid growing confidence. European shares rallied after the European Central Bank raised its inflation forecast and renewed its pledge of aggressive emergency bond-buying. Emerging market shares rallied while Thai stocks continued to climb. ....

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TISI hits eight-month low


The Thailand Industry Sentiment Index (TISI) in April sank to 84.3 points, the lowest in eight months, as the ongoing Covid-19 outbreak has prompted the Federation of Thai Industries (FTI) to scramble for vaccines for factory workers as soon as June.
The drop in the TISI from 87.3 points in March resulted mainly from concerns among businessmen over the high number of Covid-19 infections daily, which has caused people to reduce their spending and cease travel under the state s work-from-home guideline.
The FTI believes the index will continue to decrease next month because of the impact felt by businesses even though the government is trying not to resort to re-imposing broad lockdown measures. ....

Supant Mongkolsuthree , Prayut Chano Cha , Federation Of Thai Industries , Standing Committee On Commerce , Thailand Industry Sentiment Index , Thai Industries , Joint Standing Committee , Minister Prayut Chano Cha , கூட்டமைப்பு ஆஃப் தாய் தொழில்கள் , நின்று குழு ஆன் வர்த்தகம் , தாய்லாந்து தொழில் உணர்வு குறியீட்டு , தாய் தொழில்கள் , கூட்டு நின்று குழு ,

New wave harms factory capacity


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New wave harms factory capacity
The Bangkok Post
FTI predicts losses of B100bn as cases soar
© The Bangkok Post
Cars are thoroughly inspected before export at the Laem Chabang port in Chon Buri province. Thailand’s car exports increased by 31.5% year-on-year in March 2021. Patipat Janthong
The Federation of Thai Industries (FTI) expects the third wave of Covid-19 to cause losses of around 100 billion baht to the manufacturing sector, prompting automakers to adjust their car production targets for this year.
The outbreak, which began earlier this month, will affect factories, especially those supplying the tourism and service markets, said the federation. ....

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